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Real Wage Inequality
Moretti, Enrico - 2008
by a high cost of housing. When I deflate nominal wages using a location-specific CPI, I find that the difference between …
Persistent link: https://www.econbiz.de/10012464279
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Housing Demand, Cost-of-Living Inequality, and the Affordability Crisis
Albouy, David - 2016
Since 1970, housing's relative price, share of expenditure, and ``unaffordability'' have all grown. We estimate housing demand using a novel compensated framework over space and an uncompensated framework over time. Our specifications pass tests imposed by rationality and household mobility....
Persistent link: https://www.econbiz.de/10012455864
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Slowing Women's Labor Force Participation : The Role of Income Inequality
Albanesi, Stefania; Prados, María José - National Bureau of Economic Research - 2022
The entry of married women into the labor force and the rise in women's relative wages are amongst the most notable … discontinued growth in female labor supply and wages since the 1990s is a consequence of growing inequality. Our hypothesis is that … their participation and wages. We show that the slowdown in participation and wage growth was concentrated among women …
Persistent link: https://www.econbiz.de/10012814450
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The Distribution of Earnings Profiles in Longitudinal Data
Borjas, George J. - 1976
We take advantage of our longitudinal data to explore individual variation in the parameters of individual earnings functions. (1) For this purpose we fit an earnings function to each of the individual histories in the sample.(2) We then try to ascertain the extent to which the estimated...
Persistent link: https://www.econbiz.de/10012478986
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Theories of the Distribution of Labor Earnings
Neal, Derek - 1998
Several empirical regularities motivate most theories of the distribution of labor earnings. Earnings distributions tend to be skewed to the right and display a long right tail. The are leptokurtic (positive fourth cumulant) and have a fat tail. Mean earnings always exceed median earnings and...
Persistent link: https://www.econbiz.de/10012472440
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Changes in the Distribution of Wages, 1940-1950 : The Public vs. the Private Sector
Margo, Robert A. - 1995
Between 1940 and 1950 wage differentials within and between labor market groups narrowed significantly - the so-called 'Great Compression'. This paper disaggregates the Great Compression into its public and private components. Wage compression in the public sector, along with a decline in the...
Persistent link: https://www.econbiz.de/10012473478
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Earnings Inequality and the Business Cycle
Barlevy, Gadi - 2004
Economists have long viewed recessions as contributing to increasing inequality. However, this conclusion is largely based on data from a period in which inequality was increasing over time. This paper examines the connection between long-run trends and cyclical variation in earnings inequality....
Persistent link: https://www.econbiz.de/10012468224
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Cross Sectional Facts for Macroeconomists
Krueger, Dirk - 2009
cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … emphasis on cross-country comparisons. Most, but not all, countries experienced substantial increases in wages and earnings …
Persistent link: https://www.econbiz.de/10012463095
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Educational Opportunity and Income Inequality
Willen, Paul - 2004
Affordable higher education is, and has been, a key element of social policy in the United States with broad bipartisan support. Financial aid has substantially increased the number of people who complete university - generally thought to be a good thing. We show, however, that making education...
Persistent link: https://www.econbiz.de/10012467810
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Changes in the Wage Structure, Family Income, and Children's Education
Acemoglu, Daron - 2000
We exploit the changes in the distribution of family income to estimate the effect of parental resources on college education. Our strategy exploits the fact that families at the bottom of the income distribution were much poorer in the 1990s than they were in the 1970s, while the opposite is...
Persistent link: https://www.econbiz.de/10012470752